Tuesday, November 19

Tag: News

Nigeria: LASG Closes Mile 2 Road to Tincan Island Ports for Repairs
17Jun By Debo OmilaniNo Comments
Environment, News, Nigeria

Nigeria: LASG Closes Mile 2 Road to Tincan Island Ports for Repairs

The Lagos State Government on Monday announced the closure of the road from Mile 2 to Tincan Island Ports with immediate effect. The closure which is to allow for palliative repair works on the corridor will last for 48 hours. Permanent Secretary, Ministry of Transportation Dr. Taiwo Olufemi Salaam disclosed that the closure would allow  Hitech Construction Company speed up the repair works on the road which motorists have for some time been experiencing  incessant and avoidable accidents. He advised  all trucks to avoid the road to allow the repair works which is being done in the interest of motorists to go on smoothly. Olufemi, noted that these repairs and so many others planned for repairs were in keeping with the plans of the administration of Mr. Babajide Sanwo-Olu to make L...
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AFCON: Gernot Rohr Names 23-Man Squad – Iheanacho, Ajayo Dropped
10Jun By adminNo Comments
AFCON, Africa, News, Nigeria, Sports

AFCON: Gernot Rohr Names 23-Man Squad – Iheanacho, Ajayo Dropped

The Super Eagles gaffer has announced his final team list for the biennial showpiece in Egypt last month Kelechi Iheanacho and Semi Ajayi have been axed from Nigeria’s squad for the Africa Cup of Nations (Afcon) after coach Gernot Rohr released his final 23-man list on Sunday. The two players were unused substitutes on Saturday as Zimbabwe held the Super Eagles to a goalless draw at the Stephen Keshi Stadium. Nigeria are scheduled to travel to the Egyptian city of Ismailia later today where they will continue their preparations for the Afcon before playing Senegal in another friendly contest at the Ismailia Stadium on June 16. The three-time African champions have been drawn in Group B of the continental showpiece and they will begin their campaign against Burundi in Alexandr...
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Nigeria: Presidential Election Petitions Tribunal Resumes with Garba In for Bulkachuwa
10Jun By adminNo Comments
Judiciary, Justice, News, Nigeria

Nigeria: Presidential Election Petitions Tribunal Resumes with Garba In for Bulkachuwa

The Presidential Election Petitions Tribunal resumed sitting on Monday with Justice Mohammed Lawal Garba as the new replacement for Justice Zainab Bulkachuwa. Garuba, who is the Presiding Justice of the Lagos Division appeared during the sitting with a five-man panel as the new chairman of the Presidential Election Petitions Tribunal. In his welcome address, the new chairman of the panel said what he intends to do is a call over of the petitions to enable the tribunal to schedule them for hearing because he is just joining the panel. He called for the cooperation of the parties as it is time bound and the time is already halfway and there is need to prudently ensure the cases are heard. He added that he will do everything to expeditiously hear the petitions in line with the lai...
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Nigeria: Yobe State Governor Marries 3rd Wife 24 Hours After Swearing In
30May By admin4 Comments
News, Nigeria

Nigeria: Yobe State Governor Marries 3rd Wife 24 Hours After Swearing In

The newly elected governor of Yobe state, Mai Mala Buni has married a third wife barely 24 hours after he was sworn into office. He got married to Ummi Adama Gaidam, the daughter of Ibrahim Gaidam, the immediate past governor of the state. This means that the past governor handed over to his son-in-law. The marriage is thought to be more of a political move than a thing of the heart. They were married in a low-key event at the former governor's residence. The new bride is currently a student in Saudi Arabia.
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Nigeria: EFCC Denies News of Okorocha’s Arrest
30May By adminNo Comments
Crime, News, Nigeria

Nigeria: EFCC Denies News of Okorocha’s Arrest

Following the news making the rounds regarding the arrest of former governor of Imo State, Rochas Okorocha by operatives of the EFCC, the commission has come out to official deny the claim. While responding to questions from journalists, Tony Orilade, EFCC’s acting Head, Media and Publicity described the news as fake. When asked if he knew how the news came about, his response was “We don’t investigate the source of disinformation. We investigate financial and economic crimes. So, if anybody is quoting us, we can then take it up.” We shall provide any updates as we get them
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Breaking News: Rochas Okorocha and Wife Arrested by EFCC Operatives
30May By admin12 Comments
Breaking News, Corruption, Crime, News, Nigeria

Breaking News: Rochas Okorocha and Wife Arrested by EFCC Operatives

Barely 24 hours after vacating office as the governor of Imo State, Rochas Okorocha and his wife have both been arrested by men of the Economic and Financial Crimes Commission. Officers from the commission raided the former governor's house and effected the arrest. Reports have it that men from the commission have also sealed the former governor's university at Ogboko, Eastern Palm University. During his handover, Rochas had made some statements that indicated he might be aware of some plans to arrest him. He had warned that any attempt to silence him will see him fighting back. We shall provide more information as we receive them.
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Nigeria: You were not Brought in to Lose Elections – Senator Lawal Shuaibu to Oshiomhole
29May By adminNo Comments
Legislature, News, Nigeria

Nigeria: You were not Brought in to Lose Elections – Senator Lawal Shuaibu to Oshiomhole

Embattled chairman of the ruling All Progressives Congress seems to be sinking each day as speculations of his removal as chairman of the party continues to gain momentum. The results of the just concluded elections and the prospects of the ruling party in the 9th assembly are not making things any easier for him. In a recent statement credited to  Senator Lawal Shuaibu, Adams Oshiomhole was practically given a scolding. The Senator is credited with saying "We had 23 States in 2015, but after the 2019 elections we lost 7 States! We also had 60 Senators in 2015 at the end of the election count, we now end up with 57 Senators in 2019! You were not brought in to lose election, It is absolutely unacceptable! What this entails is that for any Senator to become a presiding Officer he ...
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World: Want to Lose Money? Put it to Work in Nigeria. – Forbes
29May By adminNo Comments
Economy, News, Nigeria

World: Want to Lose Money? Put it to Work in Nigeria. – Forbes

In five years, the Nigeria ETF has blown up, now down over 74.5%. Equity investment between 2013 and 2018 has fallen from around $2.9 billion in 2013 to just $139 million in 2018. Nigeria has become Africa’s money-losing machine. Want to lose money in one of Africa’s biggest markets? Put it to work in Nigeria. Despite sitting on nearly 40 billion barrels of proven oil reserves and over $48 billion worth of investment opportunities in the oil and gas sector, Africa’s largest economy is mired in problems with big corporate investors as president Muhammadu Buhari readies his second-term after a swearing-in ceremony scheduled for May 29. Nigeria’s stock index is down 0.4% year-to-date while emerging markets are up 2.3% and the MSCI Frontier Markets 100 is up 10.2%. ...
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